04:07 PM EDT, 07/14/2025 (MT Newswires) -- Cognyte Software ( CGNT ) said late Monday its board authorized the repurchase of up to $20 million of common shares through Jan. 14, 2027, after it completed its earlier buyback of almost 2.1 million shares for $20 million.

The new buyback program is part of the company's capital allocation strategy to drive shareholder value, according to a statement.